Awareness About Union Bank of India

Dear Friends, At this juncture when Union Bank of India is celebrating its Centenary New Year and Bank Promotions are in process I feel delighted to present the Book entitled Awareness about Union Bank of India. This book contains awareness about Union Bank of India startiting from its History, Vision, Mission, Organisational Structure, various Joint…

आयुष्मान भारत योजना(AYUSHMAN BHARAT YOJANA) या प्रधानमंत्री जन आरोग्य योजना (PRADHAN MANTRI JAN AROGYA YOJANA )

आयुष्मान भारत योजना(AYUSHMAN BHARAT YOJANA) या प्रधानमंत्री जन आरोग्य योजना (PRADHAN MANTRI JAN AROGYA YOJANA ) क्या है ? ————————————————————————————————– १.यह गरीबों के लिए 5 लाख का सालाना पूरे परिवार के लिए स्वास्थ्य बीमा है | २.इस योजना से 50 करोड़ (करीब 40% आबादी ) लोगो को फायदा पहुचाने का सरकार का उद्देश्य है| ३.इस…

SBI PO & Bank of Baroda GD & Interview 2018 – Tips & Interview Experience

Dear Friends,  We have today uploaded on the website the GD & Interview Experiences of some of the Participants who have appeared for Bank of Baroda PO, GD & Interview commenced on 10th September and SBI PO GD & Interview commenced on 24th September 2018. It will be our endeavour to update the same as…

Project Sashakt: 5 prong strategy on stressed asset resolution

Finance Minister Piyush Goyal unveiled ‘Project Sashakt’, a five-prong strategy to deal with non-performing assets. Sashakt aims to strengthen the credit capacity, credit culture and credit portfolio of public sector banks. What is Project Sashakt? Project Sashakt was proposed by a panel led by PNB chairman Sunil Mehta.  The Five-Prong Approach is as under:- 1. Outlining SME Resolution approach for…

FREQUENTLY ASKED QUESTIONS – Priority Sector Lending – Targets and Classification

Priority Sector Lending – Targets and Classification – (FAQ’s As on April 18, 2018)   1. What are the different categories under priority sector? Priority Sector includes the following categories: (i) Agriculture (ii) Micro, Small and Medium Enterprises(iii) Export Credit(iv) Education(v) Housing(vi) Social Infrastructure(vii) Renewable Energy(viii) Others 2. What are the Targets and Sub-targets for banks under…

Buyer’s name to be compulsorily printed on Demand Drafts: RBI moves to plug money laundering avenue

The Reserve Bank of India (RBI) has made it mandatory to mention the name of the person on the front of the demand draft while purchasing it at a bank branch. At present, the DD form only asks for the name of the entity or person in whose favour it is to be prepared. In…

Banking Regulation Act, 1949 – Section 26A Depositor Education and Awareness Fund Scheme, 2014 – Operational Guidelines – Payment of Interest

RBI vide its notification dated 7th June 2018 inform all the Scheduled Commercial Banks (including RRBs), Local Area Banks (LABs), Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks and Small Finance Banks/Payment Banks that wef 1st July 2018 the rate of interest has since been reviewed and it was  decided that the rate of interest payable…

Banking Promotion Test Study Material – 2018

Dear Friends, We have revised the study Materials for Bank Promotion Tests from Scale I, II, III, IV & V as of 6th June 2018, which covers Current Events Related to Banking, Interview Questions . It will be our endeavor to update the Study Material on a regular basis.The hard copy of the same is available…

IBPS Mock Interview Preparation

Dear Friends,Now with the Interview Call Letters out for RRB PO the time has come for preparation for the Interview. Hence we as a Team are here for grooming the interested candidates aspiring for RRB PO positions in the Bank. Our team consists of seasoned Senior Level Bankers from different Banks. They also have the…

COMMON RECRUITMENT PROCESS FOR PARTICIPATING ORGANIZATIONS/PUBLIC SECTOR BANKS – FREQUENTLY ASKED QUESTIONS (FAQs)

There are various queries from candidates in connection with Common Recruitment Process. We give below the link from IBPS website for the various queries raised.IBPS  has compiled repeated similar queries received from candidates along with their responses to upload on the official website of IBPS for information and benefit of all concerned. Most of the queries are raised…